Replies to post #380515 on Innovation Pharmaceuticals Inc (IPIX)

[sunspotter]

Thanks, but I knew that anyway. It has nothing to do with the nonsense content of the post I replied to earlier.

Please refer to the FINRA link I provided earlier , which actually is relevant to demonstrating why the poster’s claims about short selling were bullshit.

[TradingPro]

I personally don’t think shorting should be allowed. It’s like someone else taking a loan out on your house. At least give me the option to allow it or not.

[CHUNKY44]

Yes, which means there is a large seller working with the market makers to move shares. So when an acceptable offer comes through, they fill it (sell side goes first), knowing they have shares in their back pocket to cover.

In regards to Innovation, the number is the percentage of Intraday shorting. Here is a link to read up on how it affects Innovation Pharm.